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Car Title Loans

An auto title loan is a loan designed to allow the borrower to use the vehicle title as collateral, while the lender must surrender a hard copy in exchange for the loan. Car title lending, or auto title lending, in Pennsylvania requires a lien. It is lifted when the loan is repaid and the car title is returned to its owner.

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Know the Parties Involved in Car Title Loans

There is a borrower and a lender involved in every car title loan, and there is also great risk. A car title loan is similar to other loans in terms purpose: loaning money. However, unlike most loans, a car title loan has specific advantages and disadvantages. Understanding what these are will help you use a car title loan to your benefit when you need it. Read more...

When You Will Need the Title of Ownership of Your Vehicle

A Title of Ownership (vehicle title) is the final word when it comes to who owns a vehicle. This document is of vital importance to all vehicle owners. Without it, there is no other way to prove ownership. When you purchase a used vehicle, the title will be transferred to you. After you receive the title, put it away until needed. Read more...

A Car Title and Bill of Sale are Not the Same Thing

Every used vehicle owner knows the importance of a car title and a Bill of Sale. Often confused, these two pieces of paper serve completely different purposes. If you are buying a used car, truck, van, motorcycle, boat or trailer in Pennsylvania, you will need to have both documents properly processed. Read more...

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